Intel employee at a factory in Ireland
Intel has announced that it will spend $ 20 billion on new chip factories in the United States. This move looks belated and even a little desperate, but it demonstrates the intention of the new leadership to regain world leadership in semiconductor technology. The situation for Intel is not easy: competitors are advancing, old partners are abandoning its technologies, and the company itself is in the position of catching up. About how the monopolist turned into an outsider and how he plans to get out of this pit - under the cut.
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Finally, the interest of the US government and the strained relationship with China must not be overlooked. In February 2021, the Biden administration announced the adoption of the Chips for America Act, which proposes spending $ 37 billion to equip the country with modern chip manufacturing.
βWe are in a hole. Now we are getting out of it. And I look forward to decades of continuous leadership in this area. Parity. And then sustainable leadership. This is our way. "
- Pat Gelsinger